10205 State Route 143, Marine, IL
NNN Dollar General property for sale in Marine, Illinois.
- Added:
- Jul 8, 2025
- Days on Market:
- 343
- Last Refresh:
- May 20 at 8:52 pm
Property Features for 10205 State Route 143
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Lot size
- 1.71 Acres
- Property subtype
- RETAIL
Listing agent Robert D Cissell License #1999024539 (636) 262-0929
Listing office Cissell Mueller Company (636) 262-0929
Listing date Jul 8, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cissell Mueller Company
HighLights
- Absolute NNN Lease: a truly passive investment.
- Strong Corporate Guarantor: Leased to Dollar General Corporation.
- Attractive NOI: Generates $136,000 Net Operating Income.
- Long‑Term Lease: 15 years remaining, providing stable income.
- Rent Increases: Features 5% rent increases every 5 years.
- New Construction: Built in 2025.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $163.8k | $18.00 |
| − Vacancy | −$4.3k | −$0.47 |
| EGI | $159.5k | $17.53 |
| − OpEx | −$47.9k | −$5.26 |
| NOI | $111.7k | $12.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Marine
- County
- Madison
- State
- Illinois
- Longitude
- -89.794
- Latitude
- 38.7904
